Browsing Tag
Stablecoin
970 posts
Federal Reserve Vice Chair advocates for stablecoin regulations
Michael Barr, vice chair for Supervision at the Federal Reserve, called for stronger stablecoin policies in the U.S.…
Large cap stablecoins depegged 600+ times in 2023: Moody’s
In total, more than 1,910 depegs have occurred on the stablecoin market as of September 2023, analysts at…
Bank of England releases stablecoin regulation plan
The UK is setting new regulations for stablecoins and the wider cryptocurrency market, aiming to enhance financial stability…
Tether’s Paolo Ardoino debunks FUD, discusses surging USDT market cap
Paolo Ardoino, Tether CEO, recently highlighted the company’s significant earnings and emphasized the global use of USDT as…
SEC issues subpoena to PayPal over its PYUSD stablecoin
A spokesperson for PayPal confirmed to Reuters that the company had received a subpoena tied to its U.S.…
Circle to phase out consumer accounts, but business and Mint will remain
Stablecoin issuer Circle sent emails to customers stating that individual consumer accounts would be phased out.
UK’s FCA to authorize overseas stablecoin providers
The UK government has rolled out proposals on how to regulate fiat-backed stablecoins. Crypto companies that want to…
Deutsche Bank and Standard Chartered pilot SWIFT alternative for digital currencies
Deutsche Bank and Standard Chartered test Universal Digital Payments Network (UDPN) for digital currency transactions. UDPN connects blockchain…
Circle partners with Taiwan FamilyMart to push USDC adoption
The stablecoin issuer has also joined forces with BitoPro Crypto Exchange operator, BitoGroup. Circle Internet Financial has announced…
USDT’s Market Cap Soars Beyond $84b Amid Positive Crypto Market Sentiments
USDT’s market capitalization reaches a record $84 billion as the crypto rallies.